AXA group’s chief economist Laurence Boone (pictured) will become the new chief economist of the Organisation for Economic Co-operation and Development at the end of July, the institution announced.
Boone will replace Catherine Mann, who held the role from 2014 to 2017. In her new position, she will lead the work of the Economics Department and supervise the contributions of the Economics Department to the new approaches to economic challenges (NAEC) and inclusive growth (IG) initiatives.
Additionally, she will represent the OECD on economic issues and participate with general secretary Angel Gurría in the International Monetary and Financial Committee, and with the OECD Sherpa in the G7 and G20 meetings.
Boone will report directly to Gurría.
The Economics Department tallies 182 staff members involved in the production of the OECD Economic Outlook, more than 50 country-based economic surveys, the Going for Growth report that benchmarks structural reforms in member and partner countries and a broad range of analysis and policy advice.
Boone joined AXA as chief economist in 2016. She is also AXA IM global head of Multi Asset Client Solutions & head of Research.
Prior to that, she had been a special advisor for multilateral and European economic & financial Affairs and G20 Sherpa to former French president François Hollande between 2014 and 2016.
Boone began her career at Merrill Lynch Asset Management. She was a researcher at France’s economic research institute, CEPII, and served as an OECD economist from 1998 to 2004.
Other positions included chief economist at Barclays Capital France and managing director of European Economic research at Bank of America Merrill Lynch.
“Laurence Boone brings her considerable experience and expertise to the OECD at a crucial moment,” said OECD’s general secretary Gurría.
“As OECD member countries and partners see their economies recovering from the crisis, now is the time to not only maintain momentum but seek new and inclusive approaches to growth. Her leadership of the OECD’s economic team will be a vital part of our effort to rebuild the multilateral system for a new age.”